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The financial records indicated the following information: Total Assets: December 31, 2020 Total Liabilities: December 31, 2020 $1,000,000 500,000 Common Stock: December 31, 2020

The financial records indicated the following information: Total Assets: December 31, 2020 Total Liabilities: December 31, 2020 $1,000,000 500,000 Common Stock: December 31, 2020 350,000 Retained Earnings: January 1, 2020 140,000 Dividends: 2020 (an activity) 5,000 Expenses: 2020 (an activity) Required: Calculate Revenues 75,000

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